Punjab & Sind Bank reports standalone net profit of Rs 160.79 crore in the March 2021 quarter

Total Operating Income decline 15.42% to Rs 1610.67 crore

Net profit of Punjab & Sind Bank reported to Rs 160.79 crore in the quarter ended March 2021 as against net loss of Rs 236.30 crore during the previous quarter ended March 2020. Total Operating Income declined 15.42% to Rs 1610.67 crore in the quarter ended March 2021 as against Rs 1904.33 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 2732.90 crore in the year ended March 2021 as against net loss of Rs 990.80 crore during the previous year ended March 2020. Total Operating Income declined 12.05% to Rs 6973.91 crore in the year ended March 2021 as against Rs 7929.53 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Total Operating Income1610.671904.33 -15 6973.917929.53 -12 OPM %59.3032.92 -5.8143.54 - PBDT169.36-388.08 LP -3404.23-1522.37 -124 PBT169.36-388.08 LP -3404.23-1522.37 -124 NP160.79-236.30 LP -2732.90-990.80 -176

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